Segmented Information (Tables)

12 Months Ended

Dec. 31, 2017

SEGMENTED INFORMATION

Segmented Information

For the years ended December 31	Oil Sands				Exploration and Production				Refining and Marketing				Corporate, Energy Trading and Eliminations				Total
($ millions)	2017		2016		2017		2016		2017		2016		2017		2016		2017		2016
Revenues and Other Income
Gross revenues	9 586		7 229		3 487		2 329		19 871		17 459		38		55		32 982		27 072
Intersegment revenues	3 551		2 293		—		115		92		108		(3 643	)	(2 516	)	—		—
Less: Royalties	(355	)	(52	)	(576	)	(213	)	—		—		—		—		(931	)	(265	)
Operating revenues, net of royalties	12 782		9 470		2 911		2 231		19 963		17 567		(3 605	)	(2 461	)	32 051		26 807
Other income (loss)	86		26		(14	)	45		73		16		(20	)	74		125		161
	12 868		9 496		2 897		2 276		20 036		17 583		(3 625	)	(2 387	)	32 176		26 968
Expenses
Purchases of crude oil and products	623		548		—		—		14 011		11 754		(3 513	)	(2 425	)	11 121		9 877
Operating, selling and general	6 257		5 777		422		483		2 007		2 203		559		687		9 245		9 150
Transportation	690		666		86		86		312		366		(51	)	(46	)	1 037		1 072
Depreciation, depletion, amortization and impairment	3 782		3 864		1 028		1 381		685		702		106		170		5 601		6 117
Exploration	15		30		89		259		—		—		—		—		104		289
Gain on disposal of assets	(50	)	(33	)	—		—		(455	)	(35	)	(97	)	—		(602	)	(68	)
Financing expenses (income)	180		234		36		82		15		10		(477	)	119		(246	)	445
	11 497		11 086		1 661		2 291		16 575		15 000		(3 473	)	(1 495	)	26 260		26 882
Earnings (Loss) before Income Taxes	1 371		(1 590	)	1 236		(15	)	3 461		2 583		(152	)	(892	)	5 916		86
Income Tax Expense (Recovery)
Current	192		(363	)	617		301		941		681		(541	)	(466	)	1 209		153
Deferred	170		(78	)	(113	)	(506	)	(138	)	12		330		60		249		(512	)
	362		(441	)	504		(205	)	803		693		(211	)	(406	)	1 458		(359	)
Net Earnings (Loss)	1 009		(1 149	)	732		190		2 658		1 890		59		(486	)	4 458		445
Capital and Exploration Expenditures	5 059		4 724		824		1 139		634		685		34		34		6 551		6 582

Geographical breakdown of operating revenue and non-current assets

Geographical Information

Operating Revenues, net of Royalties

($ millions)	2017	2016
Canada	25 629	21 555
United States	4 252	3 695
Other foreign	2 170	1 557
	32 051	26 807

Non-Current Assets(1)

($ millions)	Dec 31 2017	Dec 31 2016
Canada	76 091	73 704
United States	1 712	1 509
Other foreign	2 014	2 407
	79 817	77 620

(1) Excludes deferred income tax assets.